Round-up 2 November 2025

In this week’s round-up:

  • US respects Malaysia’s sovereignty in economic policy: Ambassador
  • BRICS Literature Award shortlist features SA’s Nthabiseng JahRose Jafta
  • WATCH: New China trade protocol for SA stone fruit
  • Why Gulf Central Banks Follow the Fed’s Cut
  • Rodrigo Paz Pereira secures Bolivian presidency, marking a rightward shift

 

WATCH: New China trade protocol for South African stone fruit

Beyond the promising harvest, South African exporters now have access to a new and major destination: China. The recent approval to export apricots, peaches, nectarines, plums, and fresh prunes to the Chinese market marks a major milestone for the industry.

 

BRICS Literature Award shortlist features South Africa’s Nthabiseng JahRose Jafta

The international prize, founded in Moscow in November last year, seeks to celebrate contemporary authors whose works embody the cultural and spiritual values of the BRICS nations. It also aims to encourage translation and publishing across BRICS’ many languages.

 

Rodrigo Paz Pereira secures Bolivian presidency, marking a rightward shift

Centre-right candidate Rodrigo Paz Pereira has won Bolivia’s presidential runoff, ending nearly two decades of leftist rule and signalling a potential recalibration of the country’s international alliances, including its relationship with BRICS.

 

US respects Malaysia’s sovereignty in economic policy: Ambassador

The United States respects Malaysia’s sovereign right to pursue its own foreign and economic policy, including its interest in exploring opportunities with the BRICS economic grouping, said US Ambassador to Malaysia Edgard D Kagan.

 

Pakistan eyes BRICS+ to boost trade

Pakistan’s fashion and textile industry is stepping into a new era of global engagement as the BRICS+ Fashion Summit 2025 in Moscow opens fresh opportunities for trade diversification and cultural diplomacy.

 

Why do Gulf central banks follow the Fed’s cut?

The central explanation for this synchronicity lies in the fixed-exchange-rate regimes many Gulf states maintain. Five of the GCC currencies, including the Saudi riyal, UAE dirham, Bahraini dinar, Qatari riyal, and Omani rial, are pegged directly to the US dollar.

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